Valiant Petroleum Completes Acquisition of Nor Energy (UK) Limited

29 May 2009

Further to its announcement on 12 March 2009, Valiant Petroleum plc announces that it has completed the acquisition of Nor Energy (UK) Limited, including its 10.50% interest in Licence P.201, Block 211/22a SE and Licence P.1383, Block 211/23d containing the Causeway Field ("Causeway Field").

Valiant now hold a 24.50% stake in the Causeway Field.

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